KYC Analyst – Private Banking
Summary
A KYC Analyst in Private Banking manages client periodic reviews, risk assessments, and compliance workflows for high-risk accounts, liaising with client teams and regulatory bodies to ensure adherence to AML/CDD standards.
KYC Analyst – Private Banking
Location: Singapore (Work from Office)
Type: Full-time- 6 months Contract
Department: Financial Markets
Job Summary
As a member of the KYC/AML Specialist team, you will serve as a key liaison between client relationship teams and AML Refresh Operations, ensuring end-to-end management of client periodic reviews for the Private Banking and Private Wealth Management business line.
Responsibilities
- Periodic Reviews & Remediation: Manage the end-to-end Periodic KYC Review (PKR) lifecycle for high-risk and complex accounts. Address backlogs and volume surges, drive targeted remediation exercises, and process trigger events in compliance with MAS and HKMA regulatory standards.
- Source of Wealth (SoW) & Risk Assessment: Analyze complex ownership structures (trusts, foundations, SPVs, and offshore entities). Evaluate and reconstruct historical Source of Wealth (SoW) and Source of Funds (SoF) narratives, gather corroborating documentary evidence, and draft clear risk-mitigation rationale for Compliance approval.
- Front-Office & Stakeholder Liaison: Serve as a dedicated KYC Subject Matter Expert (SME) for Client Advisors (CAs) and Market Team Heads. Guide relationship teams through CDD requirements, explain policy rationale, track pending documentation, and resolve compliance escalations to ensure timely case closure.
- Screening & Due Diligence Validation: Perform Sanctions, PEP, and Adverse Media screening using industry tools (e.g., Factiva, LexisNexis). Validate incoming client documentation for completeness and secure necessary sign-offs from Business and Compliance stakeholders.
- Pipeline Tracking & Process Optimisation: Track and report on annual refresh populations and outstanding remediation files in partnership with coverage teams. Identify workflow bottlenecks and recommend process improvements to enhance operational efficiency, accuracy, and automation.
Eligibility Requirements
- Bachelor’s Degree in a banking / finance with a Minimum of 1 plus years of hands-on experience in KYC operations, specifically within Private Banking or Private Wealth Management
- Strong KYC/AML expertise, with experience in AML CDD policy standards and industry practices in AML CDD
- Excellent stakeholder management and interpersonal skills, with the ability to work across teams and communicate with colleagues at various levels
- Proficient in using KYC-related platforms and tools (e.g., CAWB, CBD, AppSuite, Cosima, Factiva, Lexis Nexis), with a strong willingness to adapt to new technologies and systems
- Understanding of the operational aspects of products and services used by Banking clients
How to Apply
- Click "Apply Now" to submit your resume through our career site
- Be sure to include any relevant experience that aligns with the role.
- Qualified candidates will be contacted by a member of our recruitment team for next steps
About eClerx
eClerx is a leading provider of productized services, bringing together people, technology and domain expertise to amplify business results.
The firm provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 19,000 people across Australia, Canada, France, Germany, Switzerland, Egypt. India, Italy, Netherlands, Peru, Philippines, Singapore, Thailand, the UK, and the USA.
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eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We are also committed to protecting and safeguarding your personal data. Please find our policy here